Calculating margins and managing costs

Calculating margins and managing costs

19 March 2021

Toolcie now handles your costs, allowing the software to automatically calculate your margin and amount of profit earned on each of your quotes and invoices.

The margin is calculated based on the sale price before tax, minus the cost. The cost corresponds to the price of purchase, packaging, shipping, etc.

In addition to indicating for you the margin earned per line item and per document, the Toolcie dashboard also shows the total margin earned per customer, per product, and also over a given period for your quotes and invoices.

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